Rachel explains the changes to Making Tax Digital for Income Tax Self Assessment which have been announced today.
Adam provides a summary of the National Insurance changes announced by the Chancellor.
Rob provides a summary of the announcements relating to VAT and Personal Tax.
Find out more about how the HMRC app can help to check and manage your finances with details of support offered.
HMRC has published amended guidance regarding home charging of electric company cars which means that there will not be a separate charge to tax as a result.
If you are claiming child benefit, it is important to be aware of this threshold which hasn’t changed with inflation as more parents are likely to get caught out by it.
Rob gives a reminder of the changes which came into effect on 11 July 2023.
Rachel explains the exemptions around having an annual event for staff whether it’s a summer barbeque or the Christmas party.
Rachel reminds working parents that the Tax-Free Childcare account can include paying for a summer holiday club.
Shaun explains the areas he explores to ensure businesses are getting the most out of their accountant.
Rachel explains HMRC is targeting those in the short-term rental market so if you think you may have underdeclared your property income, now is the time to act.
By understanding the business and its goals from the outset, Shaun explains how he has been able to bring in the right expert at the right time to help EDEMO Electric Bikes manage their rapid growth.
You may find that increases in your income push you into higher rates of tax or that ultimately you may see your tax liability increase, Adam explains what you can do to make the best use of your tax allowances.
CGT in respect of gains on residential property must be reported and paid to HMRC within 60 days from completion – Rachel highlights a couple of issues to be aware of.
MTD was due to be phased in from April 2024, however, HMRC have announced some changes which are explained by Rachel.
Rob explains the reason behind the delay along with some specifics about who and how individuals would be impacted.
We outline the personal tax changes which will result in additional tax being paid by most individuals.
Rachel provides detail about the changes to tax on electric vehicles concerning two main areas; road tax and benefit in kind.
Following the new Chancellor’s first Autumn Statement, Rob provides a summary of the announcements made before we delve into the detail.
Rob summarises what some are saying is the biggest U turn in British History, following some significant announcements of U turns in policy last week.